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The Key to the Energy Labyrinth: Navigating the Complexities of Business Energy Procurement

In the labyrinth of energy procurement, businesses often find themselves at crossroads, unsure of which path to take. The maze is intricate, filled with fluctuating energy prices, complex contract terms, and a volatile market. But fear not, for there is a guide to this labyrinth, a key to unlock the complexities of energy procurement - the business energy broker.

The Guide in the Labyrinth: The Role of an Energy Broker

An energy broker is a seasoned guide, a professional who knows the ins and outs of the energy market. They are the ones who can lead businesses through the labyrinth, helping them find the best deals on energy. Energy brokers work with businesses to understand their energy needs and then use their expertise and knowledge of the market to negotiate the best energy contracts possible.

At Energy Action, we combine over 20 years of independent experience with innovative technology and data-led insights to lower the price of electricity, natural gas, and environmental certificate services. We don't just help businesses navigate the energy market; we actively drive down energy prices and get market-leading rates.

The Paths in the Labyrinth: Energy Procurement Techniques

Each path in the energy procurement labyrinth comes with its own benefits. At Energy Action, we offer a variety of energy procurement techniques, each designed to maximise your company's savings.

One such path is the reverse auction. In this live auction, we create competitive friction among energy retailers, driving prices down. On average, our reverse auctions generate a 20% savings difference between the first and last bids across the thousands we've run.

For businesses with complex requirements, we offer Requests For Proposals (RFPs). As part of our RFP process, we advise on the best time for you to buy and provide up to 12 energy retailers with a comprehensive understanding of your energy needs, encouraging them to put their best offers forward.

For those who want to take advantage of wholesale price movements while managing risk, we offer Progressive Purchasing. This procurement method uses the latest market intelligence and strategic, forward-energy advice to progressively remove spot price exposure.

The Labyrinth's Prize: Lower Energy Costs and Sustainability Goals

The ultimate prize at the end of the labyrinth is not just lower energy costs, but also the achievement of sustainability goals. With our solar auctions, we help businesses find the right solar solution, creating competition amongst trusted suppliers looking to win your contract. Commercial solar power can lower your energy spend and help you reach your Net Zero goals.

The labyrinth of energy procurement may seem daunting, but with the right guide, the journey can lead to significant savings and sustainability achievements. The key to navigating this labyrinth lies in understanding your needs, exploring the different paths, and leveraging the expertise of a business energy broker.

Harnessing the Power of the Market: Energy Brokers at Work

In the world of energy procurement, the landscape is ever-changing. Prices fluctuate, new technologies emerge, and the push towards sustainability is stronger than ever. For businesses, navigating the complexities of business energy procurement can be a daunting task. That's where the expertise of business energy brokers comes into play.

Energy brokers, like Energy Action, are the navigators of the energy market. They use their extensive knowledge and experience to secure the best energy prices for businesses. But how do they do this? The answer lies in their unique approach to energy procurement.

The Art of Energy Procurement

Energy procurement is not a one-size-fits-all process. Each business has unique energy requirements and objectives. To cater to these diverse needs, Energy Action offers a range of procurement techniques.

One such technique is the reverse auction. In a reverse auction, energy retailers compete to offer the lowest price, driving down costs. On average, Energy Action's reverse auctions generate a 20% savings difference between the first and last bids.

For businesses with more complex requirements, Requests For Proposals (RFPs) may be a better fit. In this process, Energy Action provides energy retailers with a comprehensive understanding of the business's energy needs, encouraging them to put their best offers forward.

Progressive Purchasing: A Strategic Approach

Energy Action's Progressive Purchasing method takes a strategic approach to the complexities of business energy procurement. This method uses the latest market intelligence and forward-energy advice to progressively remove spot price exposure. It allows businesses to take advantage of wholesale price movements while managing risk.

The Future is Bright: Solar Auctions

As businesses strive to reach their Net Zero goals, renewable energy procurement is becoming increasingly important. Energy Action's Solar Auctions help businesses find the right solar solution. By creating competition amongst trusted suppliers, these auctions ensure businesses get the best deal on their journey towards sustainability.

Navigating the Green Labyrinth: The Role of Energy Brokers in Renewable Energy Procurement

In the race towards a sustainable future, businesses are increasingly looking to switch to renewable energy sources. However, the path to green energy procurement can often feel like navigating a labyrinth. This is where the expertise of business energy brokers comes into play, guiding businesses through the maze and unlocking the door to renewable energy procurement.

The Green Auction: A Game Changer in Renewable Energy Procurement

One of the innovative solutions offered by energy brokers is the Green Auction. This unique process allows businesses to procure renewable energy in a competitive digital auction environment. Retailers offering 100% renewable energy vie for your contract, ensuring you get the best possible deal.

The Green Auction service is not only efficient but also cost-effective. By using this service, businesses can avoid significant lawyer, advisor, and transaction fees typically associated with energy procurement. Moreover, Green Auction contracts are as short as fossil-fuel based contracts, about 2 to 5 years. This means businesses get the benefits of a corporate power-purchase agreement, such as a fixed price and fixed term, with the simplicity of a standard electricity supply agreement.

The Journey to Net Zero with Energy Brokers

The journey to Net Zero is fast-tracked with the help of energy brokers. Electricity procured through the Green Auction service is 100% renewable and meets all Net Zero reporting standards. This can be a significant advantage for businesses, as being recognised as a Net Zero company can often be the deciding factor for investors or customers choosing your company over a competitor.

FAQ

1. What is a Green Auction?

A Green Auction is a unique process that allows businesses to procure renewable energy sources to help meet Net Zero targets. It is carried out in a competitive digital auction environment, providing a simpler and faster alternative to corporate power purchase agreements.

2. How does a Green Auction work?

In a Green Auction, retailers offering 100% renewable energy compete to win your contract. The energy broker helps you compare competing offers to identify the best option. You then select your renewable power source and retailer, and the energy broker arranges all the transfer details.

3. What are the benefits of using a Green Auction service?

The Green Auction service is efficient, cost-effective, and helps fast-track your journey to Net Zero. It allows businesses to avoid significant lawyer, advisor, and transaction fees and offers the benefits of a corporate power-purchase agreement with the simplicity of a standard electricity supply agreement.

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